Dec 03 U.S. jobless claims remain high at 712,000 as virus escalates By Paul Wiseman, Associated Press The number of Americans applying for unemployment benefits fell last week to a still-high 712,000, the latest sign that the U.S. economy and job market remain under stress from the intensified viral outbreak. Continue reading
Dec 02 Watch 6:05 Democrats shift position on a sized-down economic relief bill Lawmakers are under pressure to reach another economic relief deal as COVID-19 cases and deaths spike across the country. Illinois Sen. Dick Durbin is the second-highest ranking Democrat in the U.S Senate. He joins Judy Woodruff to discuss a new… Continue watching
Dec 02 Watch 7:16 What are the obstacles for Republican support of a bipartisan relief bill? House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said in a statement Wednesday that the bipartisan COVID relief bill just unveiled should be the starting point for negotiations going forward. Republican Sen. Bill Cassidy of Louisiana is one… Continue watching
Dec 01 No breakthrough in India's talks with protesting farmers By Sheikh Saaliq, Associated Press The Indian government and protesting farmers have been unable to reach common ground in talks held Tuesday, with the farmers saying their demonstrations against new agriculture laws will continue as will their blockades of key highways. Continue reading
Dec 01 Watch 8:33 Why the pandemic is forcing millennials to move back home with their parents The pandemic has accelerated a change in housing in the U.S. that began well before the spread of COVID-19. Millennials, adults between the ages of 24 and 39, continue to move back home with their parents in significant numbers. For… Continue watching
Dec 01 Salesforce to buy work chat service Slack for $27.7 billion By Michael Liedtke, Matt O'Brien, Associated Press Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft. Continue reading
Dec 01 U.N. says pandemic will likely cause surge in humanitarian needs in 2021 By Jamey Keaten, Edith M. Lederer, Associated Press The U.N. humanitarian office says needs for assistance have ballooned to unprecedented levels this year because of COVID-19, projecting that a staggering 235 million people will require help in 2021. Continue reading
Dec 01 Supreme Court hears Nestle, Cargill alleged human rights abuses case By Jessica Gresko, Associated Press If the court were to accept Nestle and Cargill's arguments, that could further limit the ability of victims of human rights abuses abroad to use U.S. courts to sue. Continue reading
Dec 01 WATCH: Mnuchin defends shut down of Fed emergency loan programs By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases are surging. Continue reading
Dec 01 Nasdaq seeks mandatory board diversity for listed companies By Michelle Chapman, Associated Press Nasdaq is seeking U.S. authority to require more diversity in the board rooms of Nasdaq-listed companies. Continue reading